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1941-07-18596 VILLAGE OF MOUND ~.~I~S OF T~TE SPECIAL '?~TI~'~G OF THE YOL~?.D VILLAGE COU~JCIL HELD ~-' J~y 18th, 19&l. TO O,"~'he p~e ~f thl~ meeting w~.~ te give a h~arlng with r~f~rence to the ZDeclat A~es~ment ~Dres~d ~leng Tern~Ide ~nd Rawlin~ ~venue with reference t~ ~:D~.ter ~aln Improvement Project ~o. 6. Al~e to receive bld~ ceverln{~,- ~ead 011 wlth reference te the bltumlnlzlng ef a~rexlm~te!- ly ~.mlle of vlll~ge ~treet~ In the 2hlrley ~111~ Dl~trlct. ~fter ~, discussion of the condition of the newly gr~ dod ~treet~ in oue~tlen, in vlew of the orev~lllng weather, it wa~ moved by Trustee Olsen th~.t all ~ld~ for ~tr~et oil be l~id en the table until the next Regular }~eetlng of the CeunclI on .August 5th, 1941. Thl~ metlen w~s ~upperted ~y Alwln, the ceunclt ~greeing. The Clerk having prepared and pre~ented for the Inspection of sll pre~ent at the hearing tTefore the council the s~e~,~ment roll with reference te ?~ater %Tain Improvement No. 6, ond it ~elng recommended by the c,~cil, upon ~ review ef the fact~, that the main ~utherlzed for Fern~Ide Avenue be ~hortened One H~dred (100) Feet in erder to ~vold frontage upon Lot~ 21 & 22, blk ~, S. H. Unit A, the~e l~t~, because of marshy ground, being w~rthle~ for taxation, and It ~eing further recommended ~nd authorized that L~t 12, blk 9, A~raham Lincoln Addition, ~e a~e~ed for ~nly twenty ~20) feet of the co~t ef the main on Rawlin~ Avenue, ~uch lot already being a~e~ed f~r it.~ full length en Dell Street, and there ~eing ne f~ther ~ugge~tien~ or e~Jectien~ and it ~eing an~arent that the t~x r~ll a~ ~re~ented, with the a~eve ~uthorized chan~e~, wa~ ~ati~factery in every way ~nd acceptable to ~1I Dre~ent, Trustee Olden pre~ented the following Re~lutien: to wit: ~MERE-A$ ~ proposed a~e~sment agaln~t every ~.~sesss. ble lot, piece or parcel of land to ~e ~enefitted by the extension of w~.ter m~in~ on Ra~lin~ Avenue from Dell ~treet to the inter~ecting alley ~.nd on r'ern~ide Avenue from ~ounty Highway Mo. 7 to the ~eton ~hort Cut Road has heretofore ~een filed with the Clerk ef the Village ef 5~ound and notice of hearing en said proposed a~e~ment w~ duly given ~y one week's published notice in the L'innetonka Pilot and whereas hearing on ~aid matter w~ duly held %y the ~illage Council at ~ ~peclal mooting'thereof in accordance with ~aid notice on the 18th day of July, 1941, and no eno appeared to eppe~e ,.~Id ;,~es~ment ~nd the same hay ing ~een found ~y the council to ~e in ~ll re~oect~ fair ~nd in accord- anco with law, new, therefore, it i~ here~y re.olved that ~Id merit be, ~nd it here~y i~, approved and adopted. Alwin seconding the motion for the adoption of the ~,~ove re~olution, the veto ef the council ~tood unanimous. And so the re~olution stood adopted. In connection with financing the above project, 'J.'rustee Olsen presented the following re~olutien: W/~EREA8, it has heretofore ~een ~esolved ~y the council of the Village cf Mound te extend the water main~ of the village water · y~tem on Hawlin~ Avenue from Dell ~treet to the inter~e¢{ing ~.lley ~nd on Fern~ide Avenue from County Mighway No. 7 to the ~eton ~hert Cut Head, the total cost of which i~ the sum of ~3.~00.00 ~nd the VILLAGE OF MOUND 597 construction of which hg~s heretofore been undertaken, and wherea~ the cost of said improvement, less the cent of hydrants, in to be p~id through ~ special ~.~,se~sments, levied ~galn~t the lots, pieces or p~.rcels of land ~enefitted ~y said improvement, now, therefore, it i~ here by resolved that s~id exten~ion of water main~ ~nd improvement ~e fin- anced ~y l~ulng water main certiftc~.ten of Indebtednenn to ~e p~Id in installments ever a period of s~xteen years by fifteen ~nnual installments of $200.00 each, the earlle~t m~turing in~t~Alment te be paid en or ~efore the 1st Day of ~arch, 1943, that s~Id certlfic~tes ~e issued with such interest a~ ~h~ll be oI'~'ered to be p~Id, not exceeding. the rate of 5~ per ~nnum, te Be dated ~nd issued =n ef Oeptem~er 1st, 1941, and ~e it further renolved that the full f~tth, credit ~nd resources of the Villa. ge ef ~,~ound be ~nd they here~y ~re, irrevocably pledged for the promot payment of the prlncip~l ~nd interest of said certificates as they sh~ll come due, ~nd ~e it further re~olved that ~dvertisement for the sale of said water m~gln certific_~te~ of indeBted- ness Be inserted in the ~innetonka Pilot, a. legal newspaper published at ~ound, Menneoin County, },finnesota., for two insues Beginning July 31st, 1941, to give notice te the public that a special meeting of the Village Ceuncll of the Village of ~ound will ~e held in the village Council Room in said village en Thursday, the 21~t day of August, 1941, at 8 o'clock P. ~..~. for the purpose of receiving sealed bids for the ourchase of said certificates of indebtednes~ at such rate of interes~ ~.nd for such orlces as may ~e offered. '['he motion ~eing for the adoption of the above resolution, Alwtn seconded it, and the vote of the council ws~n unanimous. And ne the re~olutton wa~ adoot ed. Having consumm~.ted the a~ove purooses of the meeting , it ~tood adjourned en motion. Pres Ident Attest .............................. Recorder